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AI could be a bubble and is not yet making Australia more productive, Michele Bullock says.

Guardian TechnologyAnalysis or commentary··Updated 2d ago
Corroborated event · 2 outlets

Reserve Bank governor Michele Bullock said AI could be a bubble and that there is no evidence it is yet making Australia more productive.

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Reserve Bank governor Michele Bullock said AI could be a bubble, and that there is no evidence it is yet making Australia more productive.

Why it matters: She said AI adoption is so far adding to inflation rather than economic growth.

Written by AI from Guardian Technology's published text. Read the original for full details.

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Reserve Bank governor Michele Bullock says AI could be a bubble and is not yet making Australia more productive

AI could be a bubble and is not yet making Australia more productive, Michele Bullock says
Guardian AI · 22 Sept 2026, 08:54

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Interpretation or community commentary rather than straight reporting.

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